07-03-2024, 15:03
[/b]TAUNTON[/b]
aunton Town is unable to pay its players and staff their full February wages due to deepening "financial challenges".
The National League South club blamed a further loss of income on heavy rain, which led to five home fixtures being postponed in February and March.
A club statement said it was also unable to meet its tax payment commitments to HMRC.
Taunton were issued a winding-up petition in January over unpaid debts.
They are in their second season in the sixth tier and sit 21st in the table, without a league win in 14 games.
The club said players would be paid "an affordable percentage" of their wage, with the difference paid as soon as they are able.
However, the remainder of the club's staff have not been paid at all.
"Having already exhausted payment plan options with the Revenue, another winding up order and league transfer embargo could be unavoidable," the statement added.
"The club will endeavour to continue to provide updates on the situation when we can."
National League South club loses six players in a week
Taunton director Carl Gazzard - who came into the club in January - said there has been a "snowballing effect" that has led to this point.
"We made every single conceivable effort to put all our funds back to HMRC to clear the petition [in January] because the last thing we wanted is having our bank accounts frozen and not being able to trade in any description," he told BBC Radio Somerset.
"Doing that, with the postponement of games, has meant that there's a cash shortfall. You can see where the snowballing effect comes to this.
"We're in a position now where those games in the last month have probably cost the club, rough estimates, £30,000-£35,000. In a club in our current position that's just not a figure we can afford to lose."
aunton Town is unable to pay its players and staff their full February wages due to deepening "financial challenges".
The National League South club blamed a further loss of income on heavy rain, which led to five home fixtures being postponed in February and March.
A club statement said it was also unable to meet its tax payment commitments to HMRC.
Taunton were issued a winding-up petition in January over unpaid debts.
They are in their second season in the sixth tier and sit 21st in the table, without a league win in 14 games.
The club said players would be paid "an affordable percentage" of their wage, with the difference paid as soon as they are able.
However, the remainder of the club's staff have not been paid at all.
"Having already exhausted payment plan options with the Revenue, another winding up order and league transfer embargo could be unavoidable," the statement added.
"The club will endeavour to continue to provide updates on the situation when we can."
National League South club loses six players in a week
Taunton director Carl Gazzard - who came into the club in January - said there has been a "snowballing effect" that has led to this point.
"We made every single conceivable effort to put all our funds back to HMRC to clear the petition [in January] because the last thing we wanted is having our bank accounts frozen and not being able to trade in any description," he told BBC Radio Somerset.
"Doing that, with the postponement of games, has meant that there's a cash shortfall. You can see where the snowballing effect comes to this.
"We're in a position now where those games in the last month have probably cost the club, rough estimates, £30,000-£35,000. In a club in our current position that's just not a figure we can afford to lose."
Have you heard about the news on Mizar 5
People got to shout to stay alive
People got to shout to stay alive